Phillips’s Revamped London Art Auction Misfired, Notching a Dismal $11.5 Million

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Phillips’s Revamped London Art Auction Misfired, Notching a Dismal $11.5 Million—With One Work Hammering for Just $127

The reinvented format did not redeem the sale, which closed out London auction week on a down note today.

By Vivienne Chow, Jun 30, 2023

Auctions

By the Numbers: A Breakdown of Results From Christie’s 20th/21st Century Evening Sale in London, June 2023

Let the numbers tell the story.

By Vivienne Chow, Jun 29, 2023

Auctions

Christie’s 20th/21st Century Sale in London Pulled in an Underwhelming $81 Million, Signaling a Market Correction

The sale achieved a high sell-through rate but many lots went under hammer at prices below their low estimates.

By Vivienne Chow, Jun 28, 2023

Auctions

A Frank Frazetta Painting of a Brawny Warrior Sold for $6 Million, Making It the World’s Highest-Priced Work of Comic Book or Fantasy Art Ever

The image was used on the cover of a 1979 Molly Hatchet album, as well as Karl Edward Wagner’s 1976 novel, 'Dark Crusade.'

By Brian Boucher, Jun 28, 2023

Auctions

Klimt’s ‘Lady With a Fan’ Sets a New Auction Record in Europe, Making $108.4 Million at Sotheby’s Mini-Marathon of London Sales

The artist's final portrait—it was still on the easel in Klimt's studio when he died in 1918—is now the most expensive artwork ever sold in Europe.

By Eileen Kinsella & Sarah Cascone, Jun 27, 2023

Auctions

Beloved French Film Star Alain Delon’s Art Collection Fetched $8.8 Million at a Paris Auction, Doubling Its Low Estimate

The top lot was a painting by Raoul Dufy, 'The Bay at Sainte-Adresse' (1906), which sold for $1.1 million.

By Artnet News, Jun 27, 2023

Auctions

A Highly Coveted Banksy Painting Offered by Fashion Icon Paul Smith Could Rake in $2.3 Million at Auction

The modified thrift store canvas will hit the block at Bonhams London.

By Artnet News, Jun 22, 2023

Auctions

A Collector Clinched a Rare 17th-Century Terracotta Sculpture for a Record $2.85 Million at a French Auction. Now, the Louvre Is Snatching It

The Paris museum already has the final marble version of the work in its collection.

By Sarah Cascone, Jun 22, 2023

Auctions

An Anne Vallayer-Coster Still Life, Thought Lost for 200 Years, Fetches a Record-Smashing $2.8 Million at Auction

The impressive still life had only been exhibited once, in 1783.

By Sarah Cascone, Jun 22, 2023

Auctions

Rubens Painting Lost For 300 Years and Misidentified When Last Sold at Auction Will Star At Upcoming Sotheby’s Sale in London

Research and x-ray analysis revealed that the painting is far more important than previously thought.

By Eileen Kinsella, Jun 19, 2023

Auctions

A One-of-a-Kind Handmade Pocket Watch Added $4.9 Million to Phillips’s Timepieces Sale, While Sotheby’s Sold a Rolex Daytona Owned by Paul Newman

Phillips set multiple records, thanks to a legendary piece of horology by Roger Smith.

By Artnet News, Jun 16, 2023

Sotheby’s Will Offer a Rare Klimt Portrait in London With a Whopping $80 Million Estimate—Which Could Set a European Record

The painting, made near the end of the artist's life, will lead the Sotheby's London summer sale.

By Eileen Kinsella, Jun 14, 2023

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